Location Based Services Spending in 2007 Nearly $1.5 Billion, Says Insight Research

BOONTON, N.J. – July 12 (SEND2PRESS NEWSWIRE) — The worldwide market for location-based telecommunication services is expected to reach nearly $1.5 billion in 2007 as an ever increasing number of cellular and other wireless carriers provide customized services based upon a location-awareness of their end-users. According to a new market research study from The Insight Research Corporation, location-based telecommunication services are most popular in Asia.